Enterprise Community Loan Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,063,451 | 15,787,794 | 23,275,657 | 69.4 | 24% |
| 2021 | 25,996,753 | 14,161,786 | 11,834,967 | 87.4 | 30% |
| 2022 | 35,729,584 | 19,483,504 | 16,246,080 | 73.6 | 22% |
| 2023 | 36,120,781 | 23,753,467 | 12,367,314 | 68.1 | 19% |
In its most recent public year (2023), this organization brought in $12,367,314 more than it spent. Its reserves stood at about 68.1 months of spending, down from 69.4 in 2020. Staff pay was 19% of spending. $38,368,629 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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